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semi_infinite

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semi_infinite

Re: biotech_researcher post# 17066

Thursday, 08/23/2018 1:46:21 PM

Thursday, August 23, 2018 1:46:21 PM

Post# of 29432
All out would be the production rate when oil prices were well in excess of $100/Bbl. It isn't much different now. They could punch more holes and put in bigger and bigger submersible pumps. Most of that effort will go towards cycling ever more water.

A question remains from the failed IPO. Did they ever subject the reserves to an audit by D&M? If they did, are they afraid to reveal the numbers? If not, why?

As a country, IMO what will happen is an acceleration in renewables generation so that net oil exports can go up even as they struggle to cycle more water.
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